76382 results returned for search: "" category "Business"
Axis Capital Holdings Ltd.'s board of directors has appointed former Bermuda Monetary Authority chairwoman Cheryl-Ann Lister to the board as an independent director.
Mrs. Lister will serve as a Class II director and as a member of the audit committee...
DATE: Sep 23, 2008
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An alarming increase in the number of burglaries and break-ins in Bermuda prompted Antoniette Talbot to set up her own inventory recording service.
Bermuda Inventory Recording Service, which is the first of its kind on the Island, covers everything f...
DATE: Sep 23, 2008
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NEW YORK (Reuters) – Bond insurer MBIA said yesterday it would have enough resources to fund potential termination payments related to investment contracts if rating agencies downgraded the notes of its subsidiary MBIA Insurance Corp.
The largest US ...
DATE: Sep 23, 2008
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The Risk and Insurance Management Society, Inc. (RIMS) has joined the opposition to US legislation disallowing tax deductions for reinsurance premiums paid to foreign affiliates that exceed the industry average for each line of property and casualty ...
DATE: Sep 23, 2008
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Bermuda-based Seadrill has been awarded a five-year firm contract for the semi-submersible tender rig West Alliance for operations in South East Asia.
The contract will start in January 2010 in direct continuation of existing contract.
The total cont...
DATE: Sep 23, 2008
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NEW YORK (Bloomberg) — Max Capital Group Ltd., the Bermuda-based reinsurer with 20 percent of its investments in hedge funds and private equity, fell the most since going public in 2001 after saying the holdings declined in July and August.
The so-ca...
DATE: Sep 23, 2008
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How long are you thinking of staying in your present job? A year? Two? Meet Herbie Wainwright, who joined the staff of the Mid Ocean Club not long after the Second World War ended, and has worked there more or less ever since. He began his career wit...
DATE: Sep 23, 2008
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TORONTO (Reuters) – The Toronto Stock Exchange's main index tumbled more than two percent in choppy action yesterday in a broad retreat on uncertainty over the effectiveness of the proposed $700 billion US financial bailout plan.
The lone group to ma...
DATE: Sep 23, 2008
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NEW YORK (Bloomberg) – Bermuda-based Global Crossing Ltd., Qwest Communications International Inc., and Level 3 Communications Inc. settled a lawsuit by C2 Global Technologies Inc., which accused them of violating a patent related to a computer netwo...
DATE: Sep 23, 2008
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The good news in the current financial turmoil is that regulators have learned a lot from prior events, especially the Great Depression of the 1930s, according to the global chief economist of banking giant HSBC, Stephen King.
He and a colleague, Dav...
DATE: Sep 23, 2008
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